Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Robin,Hood
on 24/06/2018, 09:08:40 UTC

https://www.tradingview.com/chart/BLX/W5wwj74c-Bitcoin-Long-Term-Trend-Analysis-A-near-term-clue-BLX-Update/

This shit is headed towards 4k and possibly under $3k.

Next 2 years will be very painful.

Good news is the same dude also working on this:


Let's hope this one happens.

None of the charts will appear on my post, because I’m a newbie. Someone else will need to quote it if they’re interested.

The two scenarios I have been considering are the crypto-winter in this first case and my variant of the second scenario where the price dips to the center purple curve as it did int 2013, before making a new ATH quickly in early 2019 as shown on my chart below.

AFAICT, his variant of the second scenario doesn’t make any sense when you realize the white dotted line is the rightmost yellow line on the following chart. What do you think?



There’s two broad scenarios for BTC. Crypto-winter $3000ish. New ATHs $30,000ish. Thus the “fair valuation” of BTC is ~$10,000ish as of the moment.